2211 Azalea CtLakelandFL33815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lakeland at 2211 Azalea Ct, Lakeland, FL, 33815 uses $75,914 cash to close to unlock $1,718/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,663/mo, and a $1,121/mo payment keeps the spread at $143/mo. Purchase price stands at $229,000, and rental yield measures 8.71% with $1,663/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash records $87,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,663/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1947
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33815, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,876 (100%) |
| Owner Occupied HU | 3,784 (48.0%) |
| Renter Occupied HU | 2,810 (35.7%) |
| Vacant Housing Units | 1,282 (16.3%) |
| Median Home Value | $66,466 |
| Average Home Value | $172,967 |
Housing Distribution
Address Breakdown
Residential
6,830
Single Family
5,629
Multi-Family
1,201
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices